Summary Book Review Luigi L. Pasinetti: An Intellectual Biography by Mauro L. Baranzini:
Download or read book Luigi L. Pasinetti: An Intellectual Biography written by Mauro L. Baranzini and published by Springer. This book was released on 2018-03-18 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: Luigi L. Pasinetti (born 1930) is arguably the most influential of the second generation of the Cambridge Keynesian School of Economics, both because of his achievements and his early involvement with the direct pupils of John Maynard Keynes. This comprehensive intellectual biography traces his research from his early groundbreaking contribution in the field of structural economic dynamics to the ‘Pasinetti Theorem’. With scientific outputs spanning more than six decades (1955–2017), Baranzini and Mirante analyse the impact of his research work and roles at Cambridge, the Catholic University of Milan and at the new University of Lugano. Pasinetti’s whole scientific life has been driven by the desire to provide new frameworks to explain the mechanisms of modern economic systems, and this book assesses how far this has been achieved.
Summary Book Review Pasinetti and the Classical Keynesians by Enrico Bellino:
Download or read book Pasinetti and the Classical Keynesians written by Enrico Bellino and published by Cambridge University Press. This book was released on 2022-02-24 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent economic and financial crises have exposed mainstream economics to severe criticism, bringing present research and teaching styles into question. Building on a solid and vivid tradition of economic thought, this book challenges conventional thinking in the field of economics. The authors turn to the work of Luigi Pasinetti, who proposed a list of nine methodological and theoretical ideas that characterize the Classical Keynesian School. Drawing inspiration from both Keynes and Sraffa, this school has forged a long-standing and ambitious research programme often advocated as a competing paradigm to mainstream economics. Overall, the Classical Keynesian School provides a comprehensive analytical framework into which most non-mainstream schools of thought can be integrated. In this collection, a group of leading scholars critically assess the nine main ideas that, in Pasinetti's view, characterize the Classical-Keynesian approach, evaluating their relevance for both the history of economics and for present economic research.
Summary Book Review A Macroeconomic Analysis of Profit by Andrea Carrera:
Download or read book A Macroeconomic Analysis of Profit written by Andrea Carrera and published by Routledge. This book was released on 2019-04-09 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on the observation of economic reality, this book provides for the foundations of a new structure of national payment systems. Specifically, to this end, a rigorous accounting for money transactions, savings, and invested profit is suggested, with a major aim to settle sustainable lending levels. Profit lies at the heart of economic activities. Indeed, companies, from small to large, seek net gains to remunerate shareholders and to increase their assets. Yet, economists are far from sharing a common theory of profit. Using mathematical tools and a discursive approach, this book contributes to the debates in such regard, in the attempt to provide new answers to old economic issues. What is macroeconomic profit? Is there any relationship between wages, lending, and profit? This book is an accesible resource for economists and financial experts as well as global economics students, researchers, academics and historians alike. It will challenge policy-makers and professionals and lead them on a thought-provoking journey through the realm of macroeconomics.
Summary Book Review Classical Economics, Keynes and Money by John Eatwell:
Download or read book Classical Economics, Keynes and Money written by John Eatwell and published by Taylor & Francis. This book was released on 2022-07-29 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: Classical Economics, Keynes and Money casts new light on an approach to economic theory and policy that combines the modern classical theory of prices and income distribution with a Keynesian analysis of money and finance. Structured in four parts, the work considers issues within classical economics, monetary economics, Keynesian and post-Keynesian Economics, rationality and economic methodology. These themes are all central to the work of Carlo Panico, and the chapters both reflect on and build on his key contributions to the field. This collection is of interest to advanced students and researchers in the history of economic thought, monetary theory, financial economics and heterodox economics.
Summary Book Review Cambridge Economics in the Post-Keynesian Era by Ashwani Saith:
Download or read book Cambridge Economics in the Post-Keynesian Era written by Ashwani Saith and published by Springer Nature. This book was released on 2022-11-11 with total page 1218 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book chronicles the rise and especially the demise of diverse revolutionary heterodox traditions in Cambridge theoretical and applied economics, investigating both the impact of internal pressures within the faculty as also the power of external ideological and political forces unleashed by the global dominance of neoliberalism. Using fresh archival materials, personal interviews and recollections, this meticulously researched narrative constructs the untold story of the eclipse of these heterodox and post-Keynesian intellectual traditions rooted and nurtured in Cambridge since the 1920s, and the rise to power of orthodox, mainstream economics. Also expunged in this neoclassical counter-revolution were the structural and radical policy-oriented macro-economic modelling teams of the iconic Department of Applied Economics, along with the atrophy of sociology, development and economic history from teaching and research in the self-purifying faculty. This book will be of particular interest to researchers in the history of economic thought, sociology of knowledge, political economy, especially those engaged in heterodox and post-Keynesian economics, and to everyone wishing to make economics fit for purpose again for negotiating the multiple economic, social and environmental crises rampant at national and global levels.
Summary Book Review A History of Italian Economic Thought by Riccardo Faucci:
Download or read book A History of Italian Economic Thought written by Riccardo Faucci and published by Routledge. This book was released on 2014-04-03 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides the non-Italian scholar with an extensive picture of the development of Italian economics, from the Sixteenth century to the present. The thread of the narrative is the dialectics between economic theory and political action, where the former attempts to enlighten the latter, but at the same time receives from politics the main stimulus to enlarge its field of reflection. This is particularly clear during the Enlightenment. Inside, this book insists on stressing that Galiani, Verri, and Beccaria were economists quite sensitive to practical issues, but who also were willing to attain generally valid conclusions. In this sense, "pure economics" was never performed in Italy. Even Pareto used economics (and sociology) in order to interpret and possibly steer the course of political action. Within this book it illustrates the Restoration period (1815-48). There was a slowdown of the economists' engagement, due to an adverse political situation, that prompted the economists to prefer less dangerous subjects, such as the relationship between economics, morals, and law (the main interpreter of this attitude was Romagnosi). After 1848, however, in parallel with the Risorgimento cultural climate, a new vision of the economists' task was eventually manifested. Between economics and political Liberalism a sort of alliance was established, whose prophet was F. Ferrara. While the Historical school of economics of German origin played a minor role, Pure Economics (1890-1940 approx.) had a considerable success, as regards both economic equilibrium and the theory of public finance. Consequently, the introduction of Keynes's ideas was rather troubled. Instead, Hayek had an immediate success. This book concludes with a chapter devoted to the intense relationships between economic theories, economic programmes and political action after 1945. Here, the Sraffa debate played an important role in stimulating Italian economists to a reflection on the patterns of Italian economy and the possibilities of transforming Italy's economic and social structure.
Summary Book Review Markets, Money and Capital by Roberto Scazzieri:
Download or read book Markets, Money and Capital written by Roberto Scazzieri and published by Cambridge University Press. This book was released on 2008 with total page 467 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sir John Hicks was one of the leading economic theorists of the twentieth century, jointly winning the Nobel Prize for his work in 1972. This volume addresses Hicks's intellectual heritage and discusses how his ideas suggest a distinct approach to economic theory and policy making.
Summary Book Review Integral Human Development by Jacquineau Azétsop:
Download or read book Integral Human Development written by Jacquineau Azétsop and published by Wipf and Stock Publishers. This book was released on 2019-12-09 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pope Paul VI's notion of "integral human development," which was endorsed by his successors including Pope Francis, broke with the modern project of purely economic and technological development, resulting in an original understanding of development. Like a conventional notion of development, this theoretical construct favors economic growth, technological innovation, and the implementation of social programs. However, development is not just a socioeconomic and political issue, let alone a technical one; it raises, fundamentally, theological questions and points to important ethical challenges. Hence, integral human development is a vocation at which all personal, social, and political activity must be directed. As such, it is not a social but an anthropological program. Far from being a secular development theory, the notion of "integral human development" emphasizes the religious goal of reconciling humanity and God through the creation of a human family over and above material social and economic issues. Sustained by global principle and shaped by different cultural views, this book brings forth the uniqueness of this approach to development, examines its contribution to human welfare, and anticipates the resistances it may face.
Summary Book Review Keynes and the Cambridge Keynesians by Luigi L. Pasinetti:
Download or read book Keynes and the Cambridge Keynesians written by Luigi L. Pasinetti and published by Cambridge University Press. This book was released on 2007-11-15 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: Keynes and the Cambridge Keynesians traces the historical development of Keynesian economics.
Summary Book Review Piero Sraffa: The Man and the Scholar by Heinz D. Kurz:
Download or read book Piero Sraffa: The Man and the Scholar written by Heinz D. Kurz and published by Routledge. This book was released on 2013-09-13 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: Previously published as special issues of The European Journal of the History of Economic Thought and The Review of Political Economy, this volume contains the papers devoted to the life and work of Piero Sraffa. Sraffa was a leading intellectual of the twentieth century. He was brought to Cambridge by John Maynard Keynes and had an important impact on the philosopher Ludwig Wittgenstein. He received the golden medal Söderström of the Swedish Academy of Sciences for his edition of David Ricardo's Works and Correspondence and he is the author of Production of Commodities by Means of Commodities, one of the most often cited book in economics. Using hitherto unpublished material from Sraffa's literary heritage kept at Trinity College, Cambridge, the papers throw new light on the intellectual development of the young Sraffa and correct several of the received views on him and his contribution. Themes covered concern his: objectivism rediscovery and reformulation of the classical theory of value and distribution criticism of Alfred Marshall's analysis relationship with his Cambridge colleagues and friends biography around the time when he left Italy for the UK friendship with Wittgenstein and his impact on the latter's thinking.
Summary Book Review Italian Economists of the 20th Century by Ferdinando Meacci:
Download or read book Italian Economists of the 20th Century written by Ferdinando Meacci and published by Edward Elgar Publishing. This book was released on 1998-01-01 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: Italian Economists of the 20th Century provides a unique up-to-date assessment and appreciation of the work of 12 pioneering economists. The essays - written by a group of leading international scholars - are a fitting tribute to the important contribution that Italian economists have made to 20th century economics.
Summary Book Review How Economics Forgot History by Geoffrey M Hodgson:
Download or read book How Economics Forgot History written by Geoffrey M Hodgson and published by Routledge. This book was released on 2001-08-23 with total page 443 pages. Available in PDF, EPUB and Kindle. Book excerpt: In arguably his most important book to date, Hodgson calls into question the tendency of economic method to try and explain all economic phenomena by using the same catch-all theories and dealing in universal truths. He argues that you need different theories to analyze different economic phenomena and systems and that historical context must be taken into account. Hodgson argues that the German Historical School was key in laying the foundations for the work of the pioneer institutional economists, who themselves are gaining currency today; and that the growing interest in this school of thought is contributing to a more complete understanding of socio-economic theory.
Summary Book Review Aristotle, Adam Smith and Karl Marx by Spencer J. Pack:
Download or read book Aristotle, Adam Smith and Karl Marx written by Spencer J. Pack and published by Edward Elgar Publishing. This book was released on 2010-01-01 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: . . . a very valuable introduction to Aristotle s economics. History of Economic Ideas Spencer Pack is completely at home with the difficult works of Aristotle, Adam Smith and Karl Marx. To walk with him through their writings is to discover that they are surprisingly helpful in understanding the modern world of computers, credit crunches, religious differences, international conflicts, and unemployment due to oversaving in China and undersaving in America. One is left after reading them with growing admiration for the giants of past intellectual history. This is only one lesson that Pack teaches in this illuminating book. Mark Blaug, University of London and University of Buckingham, UK This is an unusually ambitious and unpretentious work. And it is successful. Pack effectively compares the ideas of each of the three great men without forcing those of one upon the others. The topics are exchange value, money, capital, character, government, and change, which the author considers to be the fundamental issues in 21st century political economy. Pack is especially successful in utilizing a wide spectrum of secondary (including contemporary) sources to enrich the analysis of the expected primary sources. Student readers will be exposed to the opportunities and problems of variation in interpretation. The author has studiously avoided insinuating and privileging his own views and naively repeating well-worn and misleading, if not also erroneous, ideology-laden positions. Warren J. Samuels, Michigan State University, US Spencer Pack has written a most illuminating and insightful book. Beginning from Aristotelian foundations, Pack focuses our attention on an essential economic and moral issue: the difference between value in use and value in exchange. From this vantage point, he evaluates the arguments of Smith and Marx, demonstrating how their theories, both drawing on Aristotle, unfold into a general analysis of capitalism. His account forces us to think deeply about the nature of capitalist society. I recommend it highly. John F. Henry, University of Missouri-Kansas City, US Spencer Pack compares and contrasts Aristotle s, Smith s and Marx s theoretical systems on six fundamental issues: exchange value, money, capital, character, government, and change. This book also provides insights on issues concerning the continuing development of world money, saving, managerial capitalism, corrupt governments, and various secular and religious movements for social change.
Summary Book Review Kalecki and Kaleckian Economics by Louis-Philippe Rochon:
Download or read book Kalecki and Kaleckian Economics written by Louis-Philippe Rochon and published by Routledge. This book was released on 2021-11-30 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book helps in pushing forward a Kaleckian research agenda that is even more urgent given the 2007-2009 financial crisis and the current post-COVID recovery. Michał Kalecki was a leading heterodox economist, whose influence in the field perhaps even surpasses that of Keynes. Kalecki’s insights are even more relevant today, and scholars are encouraged to apply his conclusions to ensure the sustainability of our economic systems. This edited volume, honouring the work of Michał Kalecki, includes chapters contributed by celebrated Kaleckian economists. In honour of the 50th anniversary of his demise, the Review of Political Economy (ROPE) and Edward Lipiński Foundation hosted a conference in September 2020 to celebrate his contribution to heterodox economics and his lasting legacy. These chapters, honouring the work of Michał Kalecki, span a panoply of topics and include a personal note from one of his former students and friend, and cover topics such as Kalecki’s relationship with the Cantabrigians, labour economics, fiscal policy, income distribution, gender, finance, debt, and democracy. The chapters in this book were originally published as a special issue of the journal Review of Political Economy.
Summary Book Review Reclaiming The American Democratic Impulse by Thomas E. Vass :
Download or read book Reclaiming The American Democratic Impulse written by Thomas E. Vass and published by First Edition Design Pub.. This book was released on 2014-02-28 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: In his recent book, The Liberty Amendments, Mark Levin promotes the enactment of 10 amendments to the U. S. Constitution, using the second method of amendment outlined in Article V of the Constitution of 1788. Levin offers no clues to how or why he thinks on the 1000th effort, this path of amendment would be successful.